Post Job Free
Sign in

Senior Associate / Assistant Vice President - Private Credit

Company:
Arena Investors, LP
Location:
Jacksonville, FL
Posted:
April 17, 2024
Apply

Description:

Arena Investors, LP ("Arena") is a global investment management firm that seeks to generate attractive risk adjusted, consistent and uncorrelated returns by employing a fundamentals based, asset-oriented financing and investing strategy across the entire credit spectrum in areas where conventional sources of capital are scarce. Arena specializes in off-the-run, stressed, distressed, illiquid and esoteric special situation transactions through originations and acquisitions of asset-oriented investments across a wide array of asset types (including but not limited to private direct corporate credit, commercial real estate bridge lending, and commercial and consumer assets).

Quaestor Advisors, LLC ("Quaestor") is an affiliated Special Servicer, which provides mid and back office services, including asset management, to Arena Investors and external clients.

Quaestor is looking to expand the team through the addition of an experienced loan Senior Associate/AVP to focus on internal loan administration. This individual will be exposed to each step in the origination life cycle of private and syndicated loans and other structured financing arrangements.

Responsibilities

Manage the internal and external loan operations team through the full life cycle of loan originations and other credit-based investments

Pre-deal closing assessment with Front and Mid Office for deal workflow

Loan documentation review, investment allocations, treasury, and structuring review to ensure proper settlement and closing of new deals

Administration and management of investments including borrower communication, cash monitoring, trade and accrual bookings, loan and interest statements, and reconciliations

Amendment, restructuring, and payoff/settlement processing

Full daily and monthly reconciliation process in connection with Fund NAV review

Strengthen process and controls framework with process enhancements, training, and technology

Management of internal databases (i.e. deal pipeline, CRM) and loan systems

Review of credit documentation for various types of loan facilities across platform

Reviewing daily position, cash, and accrual reconciliations from the Fund Administrator

Assist with supporting requests for annual audits and other regulatory filings

Provide analytical support to various groups - Marketing, Compliance, and Mid Office

Requirements

Bachelor's degree from a top university, ideally in a quantitative area

5+ years of direct experience in loan administration and/or agency at a securities or investment firm

Excellent Microsoft Excel (VBA a plus) and writing skills

Private credit experience and familiarity with various financial instruments across industries

End-to-end deal closing and loan administration experience including loan setup, principal and interest processing, deal amendments, and payoffs

Wall Street Office (WSO), Loan IQ or equivalent system experience a plus

The highest level of personal integrity and ethical standards

A positive attitude, strong work ethic and a team player

Ability to communicate at a high level and strong attention to detail

Benefits

Health Care Plan (Medical, Dental & Vision)

Retirement Plan (401k, IRA)

Life Insurance (Basic, Voluntary & AD&D)

Paid Time Off (Vacation, Sick & Public Holidays)

Family Leave (Maternity, Paternity)

Short Term & Long Term Disability

Training & Development

Hybrid Schedule

Free Food & Snacks

Wellness Resources

Apply